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20121003
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is telling france hey, you got to get that budget deficit under control, big budget deficit is verboten the socialist president of france, francois hollande, tax the rich, not so rich, capital gains, profits, you name it, there will be a big new tax. on upper end of income every dollar over a certain level the french government will take 75 cents. rip it right out of your hand. 75 cents on the dollar. more than $200,000, they take 45 cents on the dollar, almost half. bill, this is a massive gamble because france's economy is dead flat, teetering on recession. 10-year high for unemployment and france puts in place huge tax increases. bill: i'm reading the two measures bringing around half a billion euros. >> that's it. >> what will that do for them? >> not much. there are other taxes as well which will bring in a total they think of 20 billion euros. bill: higher tax rates on dividends? >> dividends, capital gains, dividends, profits, reinvestment of capital, interest you name it. bill: here is a query for you. are they cutting spending at all? >> by about $10 billion euros. $20 billion
and the deficit is very important for a candidate to appeal to independents. mitt romney during the presidential primary here that he won convincingly eve emphasized that a great deal and i think that helped him with indianas. we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislature at all levels of power for the f
with the numbers saying how, you know, it's a moral obligation to reduce the deficit, just ask 'em, well, explain us how the numbers work. because they don't. they don't have a deficit reduction plan. they have a deficit expansion plan. [cheers and applause] >> reporter: now, this morning governor romney jumped on those new gdp figures, said it reinforces his charge that this country cannot afford another four years of president obama and that his five-point plan for is the right prescription for this country. this is what he said. >> those five things i describe will get america's economy going again, will help people find jobs that need those jobs, will get take-home pay to come up again. this is not a mystery. we know how to do it, america has faced challenges before. when we have strong leaders, when we have people who know how to lead and where to get it -- we can get it done. and i am and we will. >> reporter: governor romney looking more toward the future and what this country would be like under a romney administration, making this as much about a choice as it has been so far about a refe
is romney talking about the deficits, debt and deficit given that we have the employment crisis and much of the reason is the new look at the states they thought of as a target of violent hampshire this is just an issue that resume sit it is almost a kind of psychic quality that resonates and i think that that is one thing to keep in mind and you have these kind of strands that do not always come here and a way that works for you if you are a candidate so that is wanting to keep in mind. it's interesting to think about when you have this kind of stagnation for the high end but a broad swath of the electorate. what does it mean. one thing it means is this not enrollment in the last two or three years to get medicaid. when bill clinton gave a talk at the democratic national convention to was incredibly shrewd because he didn't talk about medicare they talk about medicare it's a real wedge into the numbers between the two campaigns. a really is medicaid and it's a lot of white working-class folks as well as the underrepresented minority backgrounds as well. so, i think that when you think a
is from higher income households. >> $1.3 trillion deficit you definitely need something to bring that deficit down. bring the national debt down at some point down the road. once there is a balanced budget. who knows when that would be. most people assume nothing is going to happen as far as the fiscal cliff is concerned between now and november 6. but afterwards in that lame duck session between november 6 and december 31, something will happen. are you among those who will agree -- agree that the fiscal cliff will be avoided? >> yes. i think it will be avoided. i mean, you know, depends on the election. you know. if governor romney wins it is likely -- would kick the can into next year. leave everything the same for a few months. let -- the new president come into office and get it together. probably in the spring. president obama wins the election, then right after the election, lame duck, the clock will start ticking and he will be under a lot of pressure to do something. let me say one other thing. you know, i think the most likely scenario is that we are actually going to h
with these deficits and leaving money to invest. education, research and development. >> those aren't specific proposals. i'm asking -- >> 100,000 new math and science teachers. we need that. >> that's a goal, right? >> educating training 2 million new workers in our community colleges in conjunction with business to fill jobs that are open right now. boosting american manufacturing by ending the tax break that sends jobs overseas and giving tax incentives to companies that start manufacturing businesses here. these are specific tangible proposals and i believe they will pass because i believe the american people are supportive of that. >> but they haven't passed. >> the verdict will be rendered november 6. megyn: joining me now mark hannah, former aid to john kerry and barack obama. kevin, your chots on that exchange? >> that was a revealing look inside the best talking points that president obama has by his top spokesperson on the campaign frame beside himself. if you can't get more prekay tough than education, green energy, research and development, and that's the solutions? those are the p
spending, debt, deficits and make this much more of an idealogical argument, an idealogical case against the president. he is a big government liberal. he expanded government at every turn. he will expand government further in his second term. gregg: want to put one more graphic poll up for you. most voters, 73%, say they're aware of the 47% comment notoriously made by governor mitt romney. but look at this, 63% think he is right when he argues that too many people in america are dependent on the government. you have to add two numbers together. mostly true, 36%. somewhat true, 27%. might that actually help him instead of what the pundits and democrats predicted which was it was was going to hurt him? >> it's hard to say. there is other polling show the 47% comments have hurt him. i think the problem was mitt romney kind of tripped in that argument. he made an argument that had problems with it. there were inaccuracies in the specific charges he was making but i think it is indisputable his broader case is true. i think that is showing up in the polling numbers you just showed. no questi
, look, we've had trillion-dollar deficits. every single year, he's added $5 trillion to the national debt. you've had all the bailouts. you've had so many things that mitt romney could run on, and he hasn't been able to do it. willie, that is the ongoing frustration that this man has been given more material than any republican nominee since ronald reagan in 1980, and he can't seem to connect the dots and explain why a conservative economic world view should be used to turn this economy around. it is a daily frustration for conservatives. >> and daniel hopes mr. romney will take up this point at the debate six days from now. steve, let's inside these numbers. you've got some charts explaining president obama's recent surge in the polls. >> yes, because while i agree with a lot of what joe said, there are some substantive reasons why president obama should be doing better at the moment. they don't get as much attention. so let's talk a little about it. first, nobody is happy with the state of the economy at the moment. 2% growth with 8% unemployment. but as we've talked about on this
Search Results 0 to 13 of about 14 (some duplicates have been removed)

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